Procurement Technology

The finalists for the World Procurement Awards 2018 were released this week and we are pleased to announce that Simfoni – the spend analytics and tail spend management specialist – has been nominated in the category “Best New Procurement Technology”. … Read More

In our previous post, we discussed why tail spend is important, as well as the negative impact poorly managed tail spend can have on an organisation. Obviously, a well-controlled procurement “tail” is important and will have a beneficial effect on … Read More

In the 1930s, scientists discovered and started to measure the significance of invisible matter making up large amounts of the universe and everything around us. We have since learned that 96% of the actual universe is not visible and that it is comprised of 21% of “Dark Matter” that we cannot interact with. … Read More

Supplier intelligence is basically gathering information on strategic suppliers in a specific marketplace, in order to monitor their activities and determine the risk of doing business with them. Truly understanding supplier risk requires digging a lot deeper than simply knowing who a supplier is, what they provide, and at what price. … Read More

In May, we held a special event in Central London for industry leaders to explore where the procurement and supply chain sector is heading. We were pleased and honored to have Jason Busch, the founder of SpendMatters.com, join us from … Read More

Enterprise Mobile Apps Will Play an Important Role in Procurement Spend Analytics We are now living in a world where technology, especially mobile technology, has fundamentally changed the way people live, entertain themselves, work, and conduct businesses. It seems as … Read More

There is a good reason for the growing market for procurement intelligence support services and products. As the world in general, and the business community more specifically, globalizes, procurement becomes more complex and at the same time, vitally important to the success of many companies. … Read More

Simfoni is delighted to have been recognized by Spend Matters as a vendor to watch in its “50 to Watch 2016” Almanac. Spend Matters, the globally recognized procurement industry commentator, have a keen eye on what is happening in … Read More